Top 10 E-commerce Companies in India
The Indian online marketplace is teeming with successful e-commerce websites. There is a massive list of e-commerce companies in Hyderabad, Mumbai, Delhi and other cities that have done well in this space. Both established businesses and startups are vying for this space. The market outlook is highly optimistic despite the thawing of business during the Covid-19 pandemic.
Amazon has a substantial brand value both within and outside India. It started its operations here in 2013. Since then, it has become the most populous website in the country with a reputation for disruptive innovation. Buyers like it for its product quality, swift delivery and prompt customer support. It is constantly focusing on adding new product categories and staying ahead of competitors.
Flipkart has always managed to be among the top 3 in the Indian eCommerce companies list. This online marketplace is operating in categories like electronic goods, fashion products, FMCG, to name a few. It has recently managed to get $ 10 billion for further upgrading its technology and product delivery services. It is prevalent among consumers both for its catalogue and services.
Myntra, headquartered in Bengaluru, is India’s largest online store in the fashion apparel sector. Flipkart acquired it way back in 2014 to further add to its apparel and lifestyle business. It is one of the few online marketplaces in India that regularly hosts reputed international and local brands on its portal. Customers swear by the brand for its outstanding collection, especially during the festive seasons.
Zomato, established in 2008, is among the giants in the Indian online food delivery space. It had initially started as a discovery platform for restaurants and food joints in the area. But now, it has expanded into multiple cities around the world. It has acquired several investments due to its robust business model and immense popularity among its users. It was recently listed on the Indian stock exchange markets this year.
Nykaa sells beauty, wellness and fashion products on its E-commerce platform. Founded by Falguni Nayar in 2012, it retails many local and international brands in its online marketplace. It is prevalent among cosmetic lovers. And it has managed to successfully establish a niche in the online personal care sector. Nykaa has received multiple rounds of funding, the most recent being the $13 million investment from Steadview Capital.
Paytm has become the leading financial services company in India. It is the most successful venture on the E-commerce companies in the Gurgaon, Delhi and NCR area. Paytm operates in the E-commerce, payment gateway and E-wallet sectors. It has powerful branding but mainly as an E-wallet and payment gateway company. The $16 billion startup has recently got approval from SEBI to launch its IPO in early November.
Swiggy is India’s most significant online food ordering and delivery platform. Like Zomato, it has become synonymous with food delivery among its users. It had managed to raise around $1.25 billion in July this year. Since its inception in 2014, Swiggy has worked diligently to make it among the top Indian E-commerce companies list. And with more rounds of funding due soon, the prospects look very bright for this food delivery giant.
Snapdeal has transformed itself from a daily deals platform to an online marketplace. Established in 2010, this E-commerce giant specialises in fashion, electronics and general merchandise. Snapdeal is famous for its value for money offerings and quality regional products. It is also in the middle of raising a fresh round of funding from SoftBank Group. It has a promising future as one of the giants of the E-commerce com India Pvt ltd space.
Grofers is the third-largest player in the online grocery delivery service. It has an enviable reputation for on-time delivery and a wide variety of grocery items. Established in 2013, it figures among the list of E-commerce companies in Gurgaon and other metros. They recently signed a deal with Zomato and Tiger Global to raise around $120 million in funding. The future outlook is looking good for this growing startup.
Make My Trip
Make My Trip is an online-based travel company. It provides flight tickets, holiday packages, hotel reservations, rail and bus tickets. E-commerce companies in Hyderabad, Bangalore, or other cities have done well in the online travel industry. It recently raised over $200 million to build its reserves and invest in new verticals. Covid-19 had dented the online travel business severely. But the quick pace of recovery is pointing towards an encouraging outlook for the future.